Estate planner, Joseph Caramadre was
recently convicted for stealing millions from insurance companies and bond
issuers. Caramadre was taking the identities of terminally ill people
and defrauding them. His punishment will be determined sometime next month. Gubernatorial
candidate for Virginia, Terry McAuliffe was one of many who invested with Caramadre. Despite his role as an investor, there is no evidence that McAuliffe had any
knowledge about what Caramadre was apart of. A spokesperson on Mr. McAuliffe's
behalf claims that he made a $47,000 profit from his investments with Caramadre. As a result,
he has donated that same amount to the American Cancer Society.